Peter Wallin to succeed Hans Biörck as CFO of Skanska

Peter Wallin to succeed Hans Biörck as CFO of Skanska

Peter Wallin has been appointed the new Chief Financial Officer (CFO)
and Executive Vice President of the Skanska Group. He will succeed Hans
Biörck following the presentation of the interim report for the first
quarter, which will take place on May 5. Hans Biörck will turn 60 in
2011 and will assume the role as an advisor to Skanska's Senior
Executive Team.   

Hans Biörck has been Skanska's CFO since April 2001 and, prior to this,
held similar positions at Autoliv and Esselte. With the interim report
for the first quarter of 2011, he will complete and present his 100th
interim report as CFO of a company listed on the Stockholm Stock
Exchange.  

“Hans Biörck has done an exceptional job in developing Skanska's
financial governance and control and our reporting of the Group's
operations and financial accounts. He was also the driving force in the
Senior Executive Team in key operative and strategic issues to create
the Skanska of today,” says Johan Karlström, Skanska's President and
CEO.

Peter Wallin is 43 years old and was recruited as Skanska's Senior Vice
President Investor Relations in 2000 and worked as CFO for the Skanska
Infrastructure Development business unit between 2003 and 2008. Since
2008, he has been CFO of Skanska Sweden. Before Peter Wallin joined
Skanska, he worked as a financial analyst at Hagströmer & Qviberg and
portfolio manager at Trygg-Hansa/SEB. He graduated with a degree in
business administration from Uppsala University.

“Peter Wallin has extensive and broad experience of the financial sector
and the construction and property markets. During his years at Skanska,
he has demonstrated his skills in developing the control and reporting
of the operation, and his ability to communicate effectively with the
financial market,” says Johan Karlström.

Anders Lilja will be the new CFO of Skanska Sweden and will join the
company from a position as Senior Vice President of Controlling in the
Skanska Group. He has worked for Skanska since 1994 in a number of
positions, including as Senior Vice President Investor Relations.

For further information, please contact:

Peter Wallin, incoming CFO, Skanska AB, Tel: +46 (0)10-448 11 20.
Hans Biörck, CFO, Skanska AB, Tel: +46 (0)10-448 88 32.
Peter Gimbe, Press Officer, Skanska AB, Tel: +46 (0)10-448 88 38.
Direct number for media: +46 (0)10-448 88 99.
This and previous releases can also be found at
www.skanska.com (http://www.skanska.com)
Skanska AB may be required to disclose the information provided herein
pursuant to the Securities Markets Act.

Skanska is one of the world's leading project development and
construction groups with expertise in construction, development of
commercial and residential projects and public-private partnerships. The
Group currently has 52,000 employees in selected home markets in Europe,
in the US and Latin America. Skanska's sales in 2010 totaled SEK 122
billion.